Over 1bn MPEG video ICs to ship in 2008

USA: MPEG video ICs are used in many consumer electronics and video delivery systems around the world, and as those markets have grown, so has the need for MPEG video ICs, according to the new report available at Electronics.ca Publications. The first MPEG video ICs were designed for tethered devices that were powered via a wall outlet.

Today, the market for mobile MPEG video ICs in battery powered devices is greater than that of the market for MPEG video ICs in tethered devices, the report states. The main reason for this change is the use of MPEG video ICs in mobile handsets.

Other findings from the report include:

* Over 1 billion MPEG video ICs will ship in 2008.

* Though unit shipments of MPEG video ICs keep climbing, revenues will level to declining ASPs.

* With each new standard and market for MPEG video ICs, new MPEG video IC companies are launched while others consolidate.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' web site.

Source: Electronics.ca